Hazoor Multi Projects (HMPL) plans to invest Rs 25 billion in a 500 MW solar power project in Prakasam district, Andhra Pradesh.
The project will be developed on 2,000 acres, with support from the Andhra Pradesh government through the New & Renewable Energy Development Corporation (NREDCAP), which has requested a detailed project report (DPR) from the company for execution.
NTPC is in discussions with global nuclear technology leaders EDF (France), Rosatom (Russia), and Westinghouse Electric Corporation (US) to build small modular reactors (SMRs) in India. These factory-built reactors, with capacities of up to 300 MW, are being planned for locations unsuitable for larger nuclear plants and will support India’s target of achieving 20 GW…
ACWA Power has obtained a $240 million Islamic Equity Bridge Loan (EBL) from the International Finance Corporation (IFC) to support renewable energy initiatives in Uzbekistan. The financing will facilitate the construction and operation of two projects: a 1 GW solar photovoltaic plant and a 668 MW battery energy storage system (BESS), along with approximately 500…
Adani Power Limited has allotted secured, listed, non-convertible debentures worth Rs 7,500 crore through a private placement. The issuance is part of a fundraising plan approved earlier by the company’s Board. The debentures have been issued in multiple series with tenors ranging from two to five years and are rated AA with a stable outlook….
ABCI Infrastructures has secured a contract from Calcutta Electric Supply Corporation (CESC) to develop a 40 MW / 80 MWh standalone battery energy storage system (BESS) at the New Cossipore generating station in Kolkata, West Bengal. The project was awarded at a tariff of Rs 326,000 per MW per month, with a 12-year battery energy…
The Karnataka Electricity Regulatory Commission (KERC) has directed the State Load Despatch Centre (SLDC) to initiate proceedings under Section 142 of the Electricity Act, 2003, against power generators that have failed to comply with the Commission’s directions regarding the installation and maintenance of Automatic Meter Reading (AMR) facilities. The order, issued on July 10, 2026,…
The Central Electricity Regulatory Commission (CERC) has issued the CERC (Deviation Settlement Mechanism and Related Matters) (First Amendment) Regulations, 2024. The amendment addresses implementation challenges and refines operational procedures for solar projects. Under the updated guidelines, solar projects must conduct trial runs with a minimum capacity of 50 megawatts (MW). Projects exceeding 50 MW can…